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Search Results 0 to 40 of about 41 (some duplicates have been removed)
the 17 you're yo zone nations have agreed to give an additional loan of nearly $45 billion to greece. they say the debt reduction plan is on its way. the loan will be granted as early as next week. at a meeting last month, the euro zone nation ministers agreed in principle on aid for greece after the government carried out austerity and other measures as preconditions for additional loans. at that time they suspended the final decision on loans. they said they needed to determine if greece's bond buy-back program would be effective. at thursday's meeting they endorsed the buy back plan of the depreciated bonds. they will repurchase bonds from the private sector at a third of their face value. the ministers agreed on a separate loan of nearly $20 billion for greece by thend of next march. loans to greece were suspended for the past six months. >> today's decision on the greek package will remove the clouds that are hanging over greece. >> and the greek prime minister welcomed the decision calling it a big success for greece and a big success for europe. investors are still uncertain a
fledged banking union and bailout loans for greece. what was being done to prevent another global downturn? that was on queen elizabeth's mind as she visited the bank of england. >> trying her hand at high finance, the queen, put in her signature on a special, a bank note. >> it does not improve much. >> the bank note, worth 1 million pounds, seem like small change as the queen and duke of edinburgh were shown the vaults were gold reserves were kept. there are 27 billion pounds of gold in this fault alone. that is not something you see every day, even when you have been doing this sort of thing for 60 years. has the tour went on, talk turned to more serious matters. the queen once asked why nobody had seen the financial crisis coming. officials launched into a three- part lecture on what caused the crisis. the words like "paradigm" flew across the floor. both the duke and the queen listened intently. finally, it became a two-way conversation, and the queen offered a few thoughts of her own. first, a question about the bankers. >> complacency. >> and then a question about the regulator, the
and transportation workers have staged a 24-hour strike in the greek capital. strikes have become frequent in greece since public spending has been cut to meet conditions for international bailout funding. >> iraq's president has arrived for medical treatment following a stroke. few details have been released about the seriousness of his condition. he is seen as a unifying force in iraq, mediating among sunnis, shia, and kurds. >> protesters in several indian cities are calling for action to stop the increasing number of violent rapes of women, following the rape and beating of a 23-year-old by six men on a bus in new delhi. doctors say the young woman is still in critical condition. >> christmas is, of course, just around the corner, and many retailers have been targeting customers, looking for that last-minute gift. and then there is this -- how about a personal shopper when you are at the airport? >> sounds good. as it turns out in frankfurt, germany, there is one, and he is especially looking to help out an increasing number of travelers from china, who are looking to part with lots of cash. >>
energy out of houston of the israel is cutting cypress and greece in on the deal. there was some confusion or some conflict as to who's exclusive economic zone these gas fields were in. israel got ahead of the conflict and cut greece and cypress into the deal so that they would be partnering with israel to exploit these fields rather than competing with israel. sandra: rapidly developing story. to put it in nato secretary-general rasmussen's words, i think now it is only a matter of time. so we'll continue to follow that story. thanks so much for joining us tonight, chris harmer. >> thank you, pressure sandra. pleasure to be here. sandra: handouts to the wind industry have gone so well so why not give them tens of millions more? notice sarcasm out there. they want to build a wind farm completely out ad sea. are think out to lunch? >>> how rising temperatures are threatening to burr i the multibillion-dollar industry. that's coming up. do you ever have too much money? ♪ . copd makes it hard to breathe, but with advai i'm breathing better. so now i can be in the scene. advair is
.s. ambassador to nato, greece, and a number of other places. nick, great to see you. you are such an old hand, veteran diplomat, and were at least at the state department. i think you were serving in greece. the last time we had one of these major reports, which was on the 1998 bombings. this report has been done by two senior experienced people, tom pickering and admiral mike mullen, and my indications are that it is really going to be very tough on the state department. hillary clinton has to defend this and present it to congress. >> well, andrea, i don't have a preliminary indication of what the report was saying, but i think secretary clinton would drae grae to testify publicly, but there are obviously congress has an obligation i think they have chosen to highly objective non-political, non-partisan people in tom pickering, ambassador tom pickering, and admiral mike mullen, and we'll see what the report says, but clearly the administration does need to deal with these issues before we get to 2013 and the president's inauguration. >> and one of the questions that is being examined is all
ministers agreed to give greece its next bailout payment of $64 billion. in return, greece has agreed to reduce its debt load by buying back devalued bonds from private investors. the european court of human rights issued a landmark ruling today condemning the c.i.a.'s extraordinary renditions programs. it ruled that a german car salesman khaled el-masri was a victim of torture and abuse for four months at the hands of the c.i.a. el-masri said he was kidnapped from macedonia in 2003, interrogated and tortured at an afghan prison run by the c.i.a. and then dropped on an albanian mountainside when authorities realized he posed no threat. macedonia agreed to pay nearly $80,000 in damages. the u.s. has closed internal investigations into the el-masri case. starting today there should be one less reason to reach for the television remote. a new federal law went into effect banning broadcasters from airing commercials at volumes louder than the programming they accompany. the television industry has had one year to adopt the new rules. violations can be reported on the federal communication
-- to save the country from becoming greece, tax rate hikes are part of the solution driven by the president. but he's going to get tax rate hikes. ratey republican colleagues, if we can protect 99% of the american public from a tax hike that is not a tax increase in my books. >> glor: with christmas just two nuys away last minute gift buyers are out. today shopper track said raturday was the busiest day of the holiday season behind black friday. r wever a cut in spending % recast from 3.3% of growth this year to 2.5%. parts of the u.s. will get a white christmas or more. tcheer storm watches have been issued for parts of arkansas and oklahoma. california is already getting wet. carter evans has the forecast. >> reporter: it's been bad enough. cars buried if they could move at all in the midwest. in california's sierra nevada, up to five feet of snow could fall. that's great news for skiers. >> we love the snow. c reporter: not for holiday fliers. >> the only option we have is to drive. >> reporter: the most violent y beher may be yet to come. and the timing couldn't be worse. >> it's going
.a.t.o. and greece and now professor at the harvard kennedy school, and michael ohanlon senior fellow at the brookings institution and coauthor of "bending history"." will we and should we recognize the opposition forces? >> i think the obama administration needs to make a big decision. do you confer recognition on national council as legitimate authority of the syrian people. the reason for doing this, they need to push assad out as quickly as possible. he's holding on, and if something doesn't change in this equilibrium he may hold on for months on end. this war could spread in lebanon, jordan, iraq, that's not in the interest of the united states. they need to reinforce this coalition. that's one reason. the other is one of self interest. it's likely that at some point assad is going to fall. this particular group or some element of it will take over as the government of syria. we should want to have influence there given the importance of syria, and the importance of syria to iran. because if we can separate a new syrian government from the iranians that would be a major strategic
. >> republicans frequently argue it's critical to get a handle on the deficit before the u.s. becomes like greece. there is a terrible economy with 26% unemployment highest in europe, almost no job opportunities for young people frequentenly lead toro riots in the streets. here is leading democrat is suggesting cutting spending too quickly is a real problem. >> the european community now is concerned about all the austerity. there are many, many things you can do to reduce debt. but still have a stimulus aspect of the economy. >> experts though say europe's us aer the city a drag on the economic growth because it relies too much on taxation while failing to reign in the expansion of government. that would seem to back up a republican theme in the fiscal cliff argument. >> if we raise taxes on the top two rate, a million small businesses who employ 25% of the work force it will cost us over 700,000 jobs and reduce economic growth, lower take home pay and those things. that is a bad scenario. >> the league negotiator on the republican side of the table facing mr. obama says raiding taxes on upper -
and at the world trade center to the rites in greece. look back at the memorable moments of 20 look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. >> one of 54 people in the country to 7 a 50,000 dollar award for his contribution to the arts. dedicated to keeping tradition alive. here is arts entertainment reporter don sanchez. ♪ . >> you gene rodriguez musician composer mentor 25 years ago he created this song. m ex can art center in a san pablo shopping center. where young people come to learn about their music. art. history. culture. >> trying to give
your retirement, have brought us to the brink of becoming greece, the people that are stealing from their children and breaking open their piggy banks, how can they call people who pay half of the taxes greedy? they're the ones that are agreey, they're the ones that are selfish, and they're the ones that have spent beyond their means. you rarely hear that. why is that? the left controls most media outlets in the country and they define compassion and generosity by spending other people's money. this is a selfish, massive power grab and this is done by greedy politicians, you know, the ones that claim they care about you as they crat -- as they create d see, there are 18 mor million me americans on food stamps. 50 million americans in total on food stampletion. one in six americans live in poverty, millions more living paycheck to paycheck. i suspect with all the government compassion, i believe people would rather live debt-free. there's a lot of good time spending their money and then blaming the people who are giving them the money. if we're going to save america, we've got to rec
another in the wrong direction. at the end of that journey the destination is greece or spain or italy. melissa: right. >> we have to figure out how to get control of intitlements. the while house refuses to have adult conversation about that. melissa: neither of these proposals, neither side gets us closer to closing the enormous gap you're talking about. i say over and over again and if this was your household and bills were so far out of line with what the revenue was you could get very serious very quickly. these people do not seem to do that. for republicans is it looking more and more palatable to go over the cliff at this point? >> depends on how dogmatic obama is. like selling a car on craig's list and put it up for 5,000 and really take 4500. someone offers you 4,000. this is classic negotiating. we have to be serious. this isn't just a game. we're not playing poker on a thursday night. if we don't get fix our fiscal problem, by the way to give republicans credit, i just don't want to attack them, they passed the ryan budget earlier this year and last year and that actually do
and greece are also reported to want out. >> it costs to perform, and it costs to stage it. and what do you get back? bluntly a bunch of hoopla and a few pom-poms. it can be uplifting when the times are good. greece won it in 2005, but is it appropriate for the greeks to pump millions or billions in? i think austerity is one reason. but i think also the tone is another. is it right to be celebrating in spandex when your people are out on the streets? >> reporter: looking at some of the countries' economic scorecards, it's hardly surprising. greece is aware that taking part could be an issue. especially as its economy is expected to drop to minus 4.5% next year. portugal, meanwhile, is expected to shrink 1.8%. and poland and slovakia have decided to spend their money on other projects. that's despite projecting positive growth for 2013. ♪ it reportedly costs around $160,000 to take part. and if you win, some countries spend big to host the lavish event. for some national broadcasters, this is reason enough to pull out. >> the cost of staging has been mounting in recent years. russia put on
greece, and we have a government that we're willing to pay the taxes for 65% of the cost of it. we need to change that. we need both, both-- we need to do both. >> o'donnell: i'm flawed brought thaglad you brought that up. we're not even there. we're just dealing with this little short-term patch that you can't even get an agreement on. what does that say about what's happened here in washington and a real lack of confidence among the american people that it the body you guys serve in is just broken? >> well, it is, and it needs to change. this conservative republican, this progressive carriage we both voted for it. we worked on this for three years. there is room for compromise and agreement. here's what we ran into the problem with. 40% of deficit reduction in the sim son-bowles came from additional revenue, 40%. when we said to speaker boehner you have to come up with revenue, he said i'll come up with a plan that protects those making less than $1 million. he couldn't silent republican caucus. the only way we deal with this cries and the deficit is on a bipartisan basis. this can't
it. here's john travolta, olivia newton john, his co-star from "greece," yeah. ♪ i'm coming home tonight ♪ >> i find it weird on so many levels. >> do you? >> yes. i mean look i wish him the best and i don't know the guy. i'm sure he's a lovely person and stuff, but i don't know, there's something going on. i don't know, there's a lot going on. >> i so disagree. we were talking about this -- >> you like it? >> i do. i think it's great between the two -- >> you're sucking up to john travolta because you hang out. >> no, i'm not sucking up, for the love of god. i think it's really cute, the two of them together. >> sure. okay. >> okay, all right. >> that's your story and you're sticking with it. >> i am. >> i haven't seen this. is this on a plane? >> well, you know, he's landing his plane, charlie -- >> landing the plane, they're reunited. >> oh, okay. >> and she's like a lovely lady and he's like a nice guy. i wish him nothing but the best and i hope it's a huge success. i've got no dog in the fight. >> anderson. >> as i said, what do i know about music?
've accomplished very little in terms of not becoming greece or getting out of debt. this deal won't affect the debt situation heather: welcome back. investigators are examining the black boxes in the deadly plane crash in russia. amateur video capturing it on tape. now we're learning at least five people died and three others were badly hurt. the plane took off from an airport near moskow. it landed on a highway before breaking pieces and catching on fire. gregg: new videotape shoug house majority leader eric cantor arriving at capitol hill. he really didn't say much of anything. he was asked what's going on, is there a deal? he basically said, happy new year, happy new year, happy new year three times. and the senate is not convening until about 11:00 a.m.. it may not be officially reconvening but just meeting. that was the time that harry reid said it would happen. tony sayegh, former press aide to gop vice-presidential nominee jack kemp and national political correspondent for talk radio news service. kirsten powers, columnist for "the daily beast" and fox news contributor. questions te
, olivia newton-john, co-star from "greece." ♪ get the wheels down i'm coming home tonight ♪ >> i thought we were -- on so many levels, look i wish him best and i don't know the guy. i'm sure he's a lovely person and stuff, there's something going on. i don't know. there's a lot going on. >> i so disagree. >> you like it? >> i do. i think it's great between the two. i do. >> you are just -- >> no. for the love of god. i think it's really cute the two of them together. >> sure. okay. >> okay. >> that's your story, you're sticking with it. >> is it on a plane? >> well you know -- he's landing his plane, charlie. >> they're reunited. >> oh. >> maybe you can -- >> like a uv willy lady. >> just a nice guy. nothing but the best and hope it's a huge success. i got no dog in the pond. >> as i said what do i know about music? >> there you go. we're glad your sight returned. >> i'm glad my sight returned to see that music video. >> thank you. >> you're welcome. >> one of the blessings of having sight. >> wrap it up. continuing the conversation after the break. we'll be right
of becoming greece. >> the president's aides not surprisingly quickly rejected the plan which republicans say would bring in $800 billion in higher tax revenue without raising rates. white house communications director said, quote, it actually promises to lower rates for the wealthy and sticks the middle class with the bill. press secretary jay carney said mr. obama is determined to phase out the bush administration tax cuts for families making more than $250,000 a year. >> he will not sign a bill that extends those tax rates for the top 2%. we can't afford it. it is not a wise economic policy or wise fiscal policy. and it would defeat the principle of balance that he has embraced. >> so with less than a month to go before the deadline, we've now had an offer and a counteroffer, but arguably, no real attempt at compromise. democrats say republicans haven't detailed how they would increase tax revenue and they haven't offered enough of it and republicans say democrats haven't agreed to serious entitlement program cuts. steve, gretchen, brian? >> steve: thank you very much, live from the north
as they have. >> what we're seeing in greece is what's happening in detroit. austerity cuts. >> we're seeing a big bailout -- >> right. >> starting with the auto industry. the white house is giving money for new police stations, homeland security is trying to sustain the fire department in detroit. we're talking about a series of bailouts that continue in order to keep detroit proposed up. i don't know how long that is sustainable. >> the movecy called "detropia." you just made the academy awards documentary short list. congratulations on that. >> thank you. >> good luck with it. >>> we've got to take a short break. just ahead, we'll talk syria. we'll discuss that. space needle, pot party there broke out there right at midnight. i wonder why. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woma
foundation to see what we can do to improve the fate of our country so we will not become greece. no one is more worried about this nation's unsustainable debt situation than senator demint. i've seen him deinvolve over time to someone who could just not sit quietly, who had to take up the cause. in the 2010 election cycle, he was one of the strongest voices this he had would a lost our way -- that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on in america, jim understands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i think we put south carolina on the map in different ways at different times, and to people back in south carolina, i hope if you get to see jim anytime soon, just say "thank you." be
will not become greece. no one is more worried about this nation's unsustainable debt situation than senator demint. i've seen him deinvolve over time to someone who could just not sit quietly, who had to take up the cause. in the 2010 election cycle, he was one of the strongest voices this he had would a lost our way -- that we'd lost our way in washington. jim is a kind, sincere man, an individual who is a joy to be around. when it comes to what's going on in america, jim understands that if we don't make some changes we're going to lose our way of life. that's what's driven him above all else, to try to keep our country a place to be place where you can be anything. i look forward to working with jim in the private sector. from a personal point of view, we've had a great ride together. it has been fun. it has been challenging, and i think we put south carolina on the map in different ways at different times, and to people back in south carolina, i hope if you get to see jim anytime soon, just say "thank you." because whether you agree with him or not, he was doing what he thought was best fo
on this friday. first, 26% that. is what the jobless rate in greece soared to in september. 26%! the country defeating spain to win the highest unemployment rate in europe. congratulations. not. next, $2 billion. that's how much a cable box cost when it's not even on. they continue to run using up electricity. the worst offenders, dvr's. that's $2 billion across the country. not just at your house. and finally, $5,000. that's the christmas bonus being handed to employees at publisher random house. they can thank this year's best seller "50 shades of gray" and $55,000 for christmas bonus. gretch, over to you and a couple of special guests. >> gretchen: this next story is an emotional one and the perfect one for the christmas season. five years ago, doctors told our next guest that he would never walk again. on christmas eve, he was involved in a deadly rather cash. older driver spun out of control, crashing into his family's suv, can iing both his father and his brother, 17-year-old girlfriend. brock was left paralyzed from the waist down. but he never stopped living his life and believing th
a year. greece has a debt problem. we have a significant debt problem. martha: indeed. stuart, thank you. >> sure. bill: $16 trillion. now to newtown, connecticut, attempted normalcy and so much heartache. schools in the area opening first time since friday's massacre except of course sandy hook elementary which remains closed indefinitely as police continue their investigation there. there are questions whether it will be ever reopen. volunteers in the neighboring town of monroe, seven miles away, hard at work, getting a former middle school ready for sandy hook students. all of this as the grim task of bearing so many young innocents gets underway. 10:00 in the morning funeral services begin for james mattioli. followed by services for jessica reek coast. -- rekos. a rabbi spoke about that service. >> being celebrated as a pure innocent child by the promise of life ahead of him. who brought joy to his family and to his community and who will be sorely missed. as his older brother said he could have been anything if he had grown up. this is tragedy that we have no answers for this. bill
nothing other than, quote, this is a quote, damn us to becoming greece. patti ann: what would it mean if lawmakers fail to strike a deal? according to the tax policy center, 90% of the americans would see a tax hike in 2013. 121 million people would pay more in payroll taxes. families making between 40 and $65,000 a year would pay an extra two grand or so to the government. gregg: the big question, do lawmakers hope to get anything out of the last minute fiscal cliff talks or is it just for show? democratic congressman chris van hollen is the ranking member of the house budget committee. he will be joining us live coming up in the next hour what he really thinks is going on. patti ann: well the u.s. economy meanwhile could suffer yet another major blow. looming strikes at ports from next sass to boston are threatening to put thousands of americans out of work. with potential losses for u.s. businesses ranging in the billions. >> the port of baltimore is one of maryland's largest economic generators. any type of work action that may result in a suspension or stoppage of work would have
it do? >> that, that what would happen is, we were turn into europe. we all see it. we see greece, and spain and italy, and france. they all grow slow of the they have extremely high unemployment rates. we would have a slow economy and high unemployment forever if we taxed ourselves like that. gregg: all right. >> this idea that somehow you can't tax the middle class or we won't, it's impossible. if we keep --. gregg: that is a bad idea, right, i get it. i get it. vat. that i get. >> value-added tax is the worst thing. gregg: brian, what is the solution? >> yeah. i, well, if i were king for a day and told to make the economy grow faster, i would cut the size of our federal government. we need to cut spending everywhere because, the best our economy has done in the last 30 years is during the '80s and '90s. that's when ronald reagan and bill clinton cut spending. i would take the clinton tax rates, right now, i would take them. gregg: really. >> they won't hurt the economy, if, i got clinton's spending. he spent one-third less on federal government than barack obama is today, one-t
's and ambassador to greece request that has very specific set of requirements with respect to funding a suspicion i have reviewed and i will say there've been 18 arb is, not a single one of them has ever been fully implemented. so i understand about this process. i'm just saying that the culture within the state department to me is one that needs to be transform. this committee can help. may be the next secretary of state can do. but the fact is there's a lot of work that needs to be done. >> senator menendez? >> thank you, mr. chairman. and i, too, want to say that senator lugar, that he is leaving behind an extraordinary, at this point untreatable serving many of the ways in the future, but an extraordinary career, and a lasting legacy in so many different ways that we appreciate your service, and certainly remember ambassador stevens as the hallmark of what foreign service is all about. you know, our challenge both here at home and abroad in the context of terrorism is that the terrorists have to only be lucky once. we have to get it right 100% of the time. it's a heavy burden. and not an easy o
greece in the uprising against the turks? [laughter] that, by the way, is a very profound joke. if you are an empire that wants to make sure you play by the rules, it is always good to have a group that is discriminated against and they will go off to build an empire. it is very important. it just came to me with that? if you look out the rest of the democratic world, the spaniards, you name it, they're not exactly gung ho about putting their blood on the line when it comes to pursuing our values. the point, i guess, here is that you always have to have somebody who runs the show. there has to be one of very large power. usually it is anglo-saxon. we are now in a phase of american development with the power that has carried the burden over the last 60 years, as we all know, wants to lead from behind and is retracting from afghanistan, from iraq, and they're now exerting their power from afar and from above. drones above, boots on the ground. i fear if nobody takes on the responsibility of organizing and maintaining, it will not be in the of -- will not be india. >> go ahead, minister.
look for greece to increase tax rates on the wealthy next year. >> what do they say about sequestration's and also changes to entitlement programs? >> interestingly, the debt limit does not address in this proposal. you will collin they proposed a change in the way the debt limit who was released. if you are asking their aides, and they tell us the speaker would be open to increasing the debt limit, but he is sticking to his rule that it must be accompanied by cuts and spending reform equal to or greater than the increase. it could be put on the table for negotiation. they are not laying out specific changes to medicare and medicaid. they want $600 billion in health savings. they mention things that have been mentioned for a year-and-a- half, including the eligibility age for medicare for a number of years and also means testing medicare benefits so they either pay more in premiums or receive less in benefits. the change to social security is also something that has come up repeatedly in these negotiations, which is a change to the way the benefits year- over-year are calculated for the
of not becoming greece or getting out of debt. this won't affect the debt situation. >> sort of hats off, wink, wink. >> the president told "meet the press" they hope to get a deal condon in the next 48 hours. >>> police say a guy broke into a woman's home and drove her to the bank of america branch where she worked. she triggered an alarm but the suspect escaped before police arrived. it took the bomb squad three hours to remove the device from her neck. she did escape unharmed luckily. >> a best friend becomes a hero after rescuing a boy who fell through the ice in iowa. they were walking on a lake when the ice gave way, sending 11-year-old ashton eckenrod into the water. >> i thought i was going to die from it. and just not see my family any more. he didn't say anything. he was just leak freaking out. i didn't know what to do so he just grabbed my hand. >> his 10-year-old friend managed to slide across the ice and pull him back out. they are both doing just fine. >>> and think you are neurotic? that could be a good thing, you guys. >> thank good glance and you came down the hall and wouldn'
Search Results 0 to 40 of about 41 (some duplicates have been removed)

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